Gain Capital’s GTX Expands Its Global Team With Senior Sales Hires

LONDON, NEW YORK and SINGAPORE, August 13, 2015 -- GAIN Capital Holdings, Inc. (NYSE: GCAP), a global provider of online trading services, announced today that GTX, its institutional forex business, has hired two senior executives to its global sales team as the firm looks to further strengthen and expand its offering in the sector. Sal Provenzano and Alberto Mellone, both with extensive forex industry experience, have joined as Senior Institutional Salespersons in GTX’s global sales team. Sal will be based in GTX’s New Jersey office, and Alberto in Barcelona. They will both report directly to John Miesner, Global Head of Sales, GTX..

Sal joins GTX following a distinguished career in the forex industry which has spanned more than 25 years. He joins from Velocity Trade, a global institutional and corporate forex broker, where he was Head of Institutional FX for the Americas region. Before this, he held a range of senior level positions with global brokerage firms and large commercial and investment banks, including ABN AMRO and Prudential Bache, where he was Global Head of FX Prime Brokerage.

Alberto joins GTX from FXCM Pro where he held a senior management position in its institutional sales team. Prior to FXCM, Alberto was a key member of Rosenthal Collins Group’s instutitonal forex sales team based in London and previously held senior positions at Bloomberg and JP Morgan, working in trading solutions and credit solutions respectively.

John Miesner, Global Head of Sales of GTX, said: “We are thrilled to welcome Sal and Alberto to GTX. Their tremendous collective experience working at the highest level of international forex and trading will help form a critical component of our global sales capability at a time when the business is undergoing one of its strongest periods of growth. We are confident that Sal and Alberto will contribute significantly to our continued expansion.”

About GTX

GAIN Capital's GTX is an innovative venue for institutional FX trading. GTX clients include banks, brokers, hedge funds, CTAs, and asset managers who leverage an array of electronic and voice trading solutions including an ECN; prime of prime services, registered SEF for NDF trading and an agency desk to who assist clients with complex liquidity sourcing and trade executions.

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About GAIN Capital

GAIN Capital (NYSE: GCAP) provides market access and trade execution services to a diverse client base of retail and institutional investors across a range of exchange-traded and OTC markets. Founded in 1999, the company today supports customers in over 180 countries via several globally recognized brands, including, City Index and GTX.

GAIN Capital is headquartered in Bedminster, New Jersey, with a global presence across North America, Europe and the Asia Pacific regions.

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